.- How to use use “cost to rebuild” to predict the future of your market.- Why Arthur and his wife sold their primary residence to live in an apartment while buying rental property.- The “super creative way” to find flexible lenders.- How to find “Portfolio loans.”- A great way to legally get around the “10 loan” limit for mortgages.- Why investing while holding a job gives you an advantage.- Tips for finding a great property manager.- The story of a topless 90 year old woman that finally convinced Arthur to hire a property manager.Check it out and listen to the show directly at: BP Podcast 006: Investing While Holding a Full Time JobAlso, we've now got 100 5-Star reviews for the show in iTunes!

There is a ton of it going on and builders are buying old ranch homes for $250k, demoing them, rebuilding new, larger (3,500sf)  more open floor plans homes and selling them for $850k-$900k.  

There is almost always a way.I've realized also that once you build a nice cash flow 'machine' it becomes easier and easier to buy more properties as you gain equity quick and rebuild your cash stores from rents to buy again.

Needless to say, it took us two months to get renters (these renters have stayed they wish to purchase the house in the future, but they want to put both the husband and wife on the loan and need to rebuild the wife’s credit) and all the houses in the subdivision that had been sitting sold.

As everyone else has mentioned, you should start rebuilding your credit history ASAP.

I am asking because we are sitting on at least two properties where I think the long term play is to tear them down and rebuild. 

Even if you do plan on tearing a property down and rebuilding, you still ought to take a look at the land, soil and sewage.

Is $350,000 enough to rebuild a house of this size?

I messed up as a teen/young adult and have spent some time trying to rebuild but I have hit a few bumps here and there.Any suggestions on any sources or groups that anyone has had experience with who would help in this situation?

If that structure is destroyed by a covered loss, it is likely, that you will have to rebuild it in a different manor to comply with current laws.